Thinking of getting into business with Anis FX? Here is what you must know about this broker. Carefully read this review to find out if anisfx.com is the trading platform you will want to trade with.
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About Anis FX Broker
Anis FX is an offshore brokerage company with a lot of promises for traders. The broker location cannot be found on the webpage. To begin with, this is a red flag that tells us everything we need to know about Anis FX broker.
Added, the broker is operated by ANISTRADING LLC with an incorporation in Saint Vincent and the Grenadines. It claims regulation in Saint Vincent and the Grenadines.
The broker claims effective order execution, customer protection, dedicated support and competitive spread.
To clarify, in spite the trading instruments Anis FX claims to offer, traders must know they are dealing with an unknown broker which does not have a regulation over its head.
anisfx.com: Reasons to Avoid This Broker
Firstly, anisfx.com is a platform with no financial authority overseeing its financial services. Here is a warning from Financial Services Authority (FSA) St. Vincent and the Grenadines. See below.
Secondly, we noticed anisfx.com has a free account for traders. We advise you don’t waste your time on that, so you don’t get lured into trading real fund with this unregulated broker.
More so, this broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.
These are cons for forex traders to avoid losing money with this scam broker. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.
Withdrawal and Deposit
Withdrawal process
Under withdrawal policy, the processing timeframe is 3 working days. In regards to fee, Anis FX claims zero commission on any withdrawal.
As for a dormant account of 1 year, the broker charges $25 for a maintenance fee.
Minimum Deposit
The broker says nothing on its minimum deposit.
As for the payment methods, Anis FX accepts 9PAY and Cryptos. Truly, you should not consider making any payment with this broker because it is a risk. So beware!
Anis FX Platform
Anis FX claims to offer MT5 (Industry standard trading platform) which is quite good for forex trading. However, this offer doesn’t make the broker legit because any scam broker can do the same to lure forex traders.
As for the leverage, it can get up to 1:500. In fact, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.
Anis FX Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
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Licensed in Australia(ASIC) and Cyprus(Cysec)
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Conclusion: Is anisfx.com a Reliable Broker?
No, anisfx.com does not seem like a reliable broker for traders even though it promises offers that look good to be true. The broker has proved to us that relevant information is not a concern to them.
Most importantly, the broker is unregulated which means it is not authorized to operate in any regulated country and you should definitely not put any money into it.
Because we have taken it as a duty to find out scam forex brokers and also share reasons, we will not recommend this broker for trading.
Kindly share your comment about this broker in the comment section.